During the month of June, Sandhill Boutique recorded cash sales of $$204,580$ and credit sales of $$175,642,$ both of which include the

$6\%$ sales tax that must be remitted to the state by July $15.$

Prepare the adjusting entry that should be recorded to fairly present the June $30$ financial statements. $($If no entry is required, select $"$No

Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not

indent manually.$)$

Date

Account Titles and Explanation

Debit

Credit

June $30$